Sun TV Network Ltd. News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of Sun TV Network Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Sun TV Network Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news and updates on Sun TV Network Ltd. from all sources in a single place.

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Sun TV Network Ltd.

23 Aug 2023

630.85

1.23%

Sun TV shares hit 52-week high; rallies over 5 per cent

Business Line

The South India-based broadcaster recorded its highest net profit in more than 10 quarters at 592 crore in Q1FY24

Sun TV Network Ltd. is trading below its 30 day SMA of 639.9

Sun TV Network Ltd.

18 Aug 2023

630.85

1.23%

Buy Sun TV Network; target of Rs 650: ICICI Securities

Moneycontrol

ICICI Securities is bullish on Sun TV Network recommended buy rating on the stock with a target price of Rs 650 in its research report dated August 13, 2023.

Sun TV Network Ltd. has an average target of 757.50 from 2 brokers.

Sun TV Network Ltd.

13 Aug 2023

630.85

1.23%

In-line Q1FY24 performance; ad, subscription revenue outlook improving

Buy: Sun TV Network Ltd.

Recommendation Target

ICICI Securities Limited

Q1FY24 ad-revenue growth for Sun TV continued to be muted (+0.2% QoQ/-1.2% YoY) due to media spends diversion to sporting events like IPL. We believe management sounded more confident about the revival in ad spends from Q2FY24. Subscription revenue grew higher than expected at 7% QoQ/ 6% YoY led by 5-6% price hikes as implementation of NTO 3.0 was smoother than envisaged earlier.

Sun TV Network Ltd. has an average target of 757.50 from 2 brokers.

Sun TV Network Ltd.

12 Aug 2023

630.85

1.23%

Higher opex drags profitability

Buy: Sun TV Network Ltd.

Target

Motilal Oswal

Number of FII/FPI investors decreased from 280 to 263 in Mar 2025 qtr

Sun TV Network Ltd.

11 Aug 2023

630.85

1.23%

Sun TV posts highest net profit in more than 10 quarters

Business Line

Revenues of the South-based broadcaster grew by 11 per cent in Q1 driven by higher income from OTT subscription and IPL franchise

Sun TV Network Ltd. is trading below its 30 day SMA of 639.9

Sun TV Network Ltd.

11 Aug 2023

630.85

1.23%

to see Rapid results content

Sun TV Network Ltd.

11 Aug 2023

630.85

1.23%

Corp. Action

SUN TV NETWORK LTD. - 532733 - Corporate Action-Board approves Dividend

BSE India

The Board of Directors at its meeting held on 11th August 2023 has approved an Interim Dividend of Rs 6.25/- per equity share of Rs 5/- each ( i.e 125%) for the financial year 2023-24

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Sun TV Network Ltd.

11 Aug 2023

630.85

1.23%

Result

SUN TV NETWORK LTD. - 532733 - The Unaudited Standalone & Consolidated Financial Results Of The …

BSE India

Unaudited Standalone & Consolidated Financial results of the Company for the Quarter ended 30th June 2023

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Sun TV Network Ltd.

11 Aug 2023

630.85

1.23%

Board Meeting

SUN TV NETWORK LTD. - 532733 - Board Meeting Outcome for Outcome Of The Board Meeting …

BSE India

The Board of Directors at its meeting held on 11th August 2023, (commenced at 2.30 p.m. and concluded at 3.45 p.m) Considered and approved: 1. The Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ended 30th June 2023 and 2. An Interim Dividend of Rs 6.25 /- per equity share of Rs.5/- each (i.e. 125%) for the financial year 2023-24.

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Sun TV Network Ltd.

08 Aug 2023

630.85

1.23%

Corp. Action

SUN TV NETWORK LTD. - 532733 - Corporate Action - Fixes Record Date For The Interim …

BSE India

This is to inform you that Tuesday, 22nd August, 2023 shall be the Record Date for the Interim Dividend if any, declared at the Board Meeting to be held on Friday, 11th August, 2023. The Payment Date for the Interim Dividend if any, declared shall commence on and from Tuesday, 29th August, 2023.

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